Schooley Mitchell franchise fees for 2024:
Cash Investment: $68,000 (includes 52 weeks of sales and
marketing coaching)
Total Investment: $68,000 - $95,500
Minimum Net Worth: $150,000
Minimum Liquidity: $100,000
Franchise Fee: $68,000
Royalty: 8%
Ad: 2%
Average Number of Employees: 0-4
Passive Ownership: No
Semi-Passive Ownership: Yes
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Vet Discount: $5,000 off franchise fee
NOTE: *Currently offering a 12 month royalty exemption for new
franchisees who are introduced to us before September 30,
2024.*
We offer a Builder Franchise Program for those
Candidates that want to start as a part-time
Franchisee, and then build to a full-time business as they
continue in their current employment! The franchise fee will not
change. There are a few tweaks to our system to allow for this
structure, but the same training, support, and system will be
provided for Builder Franchisees just the same as full-time
Franchisees.
We are excited to announce a new Development Franchise
option for Candidates. While we know that not everyone
wants to hire people and develop various territories, we also know
there are some people that would like to build a big business. We
have developed this option for those people. The Franchisee will be
able to develop up to 10 territories
simultaneously with this model. The Franchise Fee for this
model will be $250,000.
Yes. Schooley Mitchell is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Yes. Schooley Mitchell is a home based franchise opportunity.
Click here to find out how much Schooley Mitchell franchisees make. Schooley Mitchell offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
No. Schooley Mitchell is not a master franchise opportunity.
Yes. Schooley Mitchell franchise does offer a veteran discount.
No. Schooley Mitchell franchise does not work with E2 Visa and EB-5 Visa candidates.
Yes. Schooley Mitchell franchise is looking for Canada franchisees.
No. Schooley Mitchell franchise is not looking for International franchisees.
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.